Policy Lessons from the Cyprus Economic Crisis
by
Alexander Michaelides, Athanasios Orphanides
Language: English
Release Date: February 29, 2016
On June 28th 2012, the small island of Cyprus became the fifth government to request an economic bail-out from the Eurozone after losing access to international capital markets. Less than a year later, a €10 billion second rescue deal was agreed upon — an unprecedented agreement that bailed in...